Catahoula Parish, LA Mortgage Lenders & HMDA Data, 2007

In 2007, lenders reported 454 mortgage applications in Catahoula Parish, LA totaling $32.9 million, up 7% from 2006. The average application was for $72,000, and applicants reported an average income of $65,000. 39% of applications resulted in an originated loan and 35% were denied. The most active lender was Southern Heritage Bank, with 111 applications, followed by Beneficial Company LLC and Capital One NA.

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Total Number of Mortgage Applications 454
Total Mortgage Loan Application Amount $32,878,000
Average Mortgage Loan Application Amount $72,000
Highest Mortgage Loan Application Amount $400,000
Average Applicant Income $65,000
Highest Applicant Income $900,000
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Top Mortgage Lenders in Catahoula Parish, LA (2007)

Ranked by the number of mortgage applications each lender reported in Catahoula Parish, LA in 2007.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Southern Heritage Bank
Jonesville, LA
111 $4,953,000 $44,000 $61,000
2 Beneficial Company LLC
Mettawa, IL
37 $3,482,000 $94,000 $69,000
3 Capital One NA
Baton Rouge, LA
22 $1,001,000 $45,000 $76,000
4 Countrywide Home Loans
Westlake Village, CA
19 $1,623,000 $85,000 $103,000
5 JPMorgan Chase Bank, NA
Columbus, OH
15 $977,000 $65,000 $40,000
6 New South Federal Savings Bank
Birmingham, AL
14 $1,039,000 $74,000 $51,000
7 Origen Financial Services LLC
Southfield, MI
13 $547,000 $42,000 $44,000
8 Citifinancial, Inc.
Baltimore, MD
13 $573,000 $44,000 $25,000
9 Gmac Mortgage LLC
Ft. Washington, PA
9 $817,000 $90,000 $44,000
10 Hfc Company LLC
Mettawa, IL
9 $518,000 $57,000 $53,000

See every lender active in Catahoula Parish, LA in 2007 »

The tables below break down 2007 mortgage applications in Catahoula Parish, LA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Catahoula Parish, LA in 2007

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 225 $18,707,000 $83,000 $375,000 $67,000 $900,000
Home Purchase 155 $10,379,000 $66,000 $368,000 $56,000 $390,000
Home Improvement 74 $3,792,000 $51,000 $400,000 $75,000 $650,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 310 $22,548,000 $72,000 $400,000 $69,000 $650,000
Black or African American 75 $5,268,000 $70,000 $270,000 $47,000 $207,000
Not Provided 49 $3,737,000 $76,000 $250,000 $80,000 $900,000
Not applicable 17 $1,215,000 $71,000 $177,000 $23,000 $95,000
American Indian or Alaskan Native 2 $80,000 $40,000 $40,000 $65,000 $69,000
Asian 1 $30,000 $30,000 $30,000 $16,000 $16,000
Hispanic 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 435 $31,358,000 $72,000 $400,000 $65,000 $900,000
FHA-insured (Federal Housing Administration) 11 $1,056,000 $96,000 $149,000 $65,000 $98,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8 $464,000 $58,000 $80,000 $29,000 $61,000
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 178 $11,249,000 $63,000 $375,000 $75,000 $650,000
Application Denied By Financial Institution 158 $10,616,000 $67,000 $250,000 $52,000 $900,000
Application Withdrawn By Applicant 45 $4,109,000 $91,000 $400,000 $65,000 $175,000
Loan Purchased By The Institution 31 $2,696,000 $86,000 $185,000 $54,000 $136,000
Application Approved But Not Accepted 27 $2,595,000 $96,000 $368,000 $77,000 $207,000
File Closed For Incompleteness 15 $1,613,000 $107,000 $368,000 $68,000 $159,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 25 $1,505,000 $60,000 $217,000 $46,000 $120,000
Credit Application Incomplete 11 $876,000 $79,000 $138,000 $53,000 $94,000
Collateral 10 $810,000 $81,000 $175,000 $62,000 $120,000
Other 9 $894,000 $99,000 $250,000 $57,000 $122,000
Debt-To-Income Ratio 9 $915,000 $101,000 $250,000 $146,000 $900,000
Unverifiable Information 1 $80,000 $80,000 $80,000 $117,000 $117,000
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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